In The News: Department of Economics

KSNV-TV: News 3

Statistics from Las Vegas Metropolitan Police revealed 4,747 reported cases overall as of August 24 in their jurisdiction. That’s a 10.5 percent rise from the 4,297 reported cases during the same time last year.

Las Vegas Business Press

The future of multifamily and workforce housing in Southern Nevada comes at a critical moment for the region where rapid growth has collided with the reality of limited land and rising demand for affordable housing.

KTNV-TV: ABC 13

The Southwest Valley has a new reason to celebrate as Costco opened its newest location, bringing hundreds of job opportunities to one of the fastest-growing areas in town.

VegasSlotsOnline.com

The number of people arriving at Harry Reid International Airport in Las Vegas from Canada was down 65.6% in June compared to the same period in 2024. 86,698 people arrived during the month across Flair Airlines, Air Canada, and WestJet, down from 132,109 the previous year.

LV Real Estate Radio

Real estate expert Nicholas Irwin breaks down the latest data and trends around default notices in Las Vegas. Find out what rising notices might mean for the local housing market and homeowners.

RISMedia

Over the past decade or so, various cities throughout the United States have developed legislation or policies geared toward regulating short-term rentals, a market which is dominated by San Francisco-based tech company Airbnb. Recently an appeals court in Dallas, Texas, rejected the city’s 2023 ordinance to ban most short-term rentals located in single family zones. The Dallas Short-Term Rental Alliance argued that—under Texas law—they had a right to lease their properties.

Nevada Independent

One year after then-presidential candidate Donald Trump pledged at a Las Vegas rally to end taxes on tips, the proposal became reality through the megabill passed by House Republicans, potentially affecting thousands of Nevadans who work in the state’s hospitality industry.

Las Vegas Review Journal

For four years, Nevada’s staffing agencies were content with the status quo: a court order preventing the state from enforcing a 2021 labor law. On July 2, their dreams were dashed. That day, District Judge Lynne Jones dealt staffing agencies — which construction firms rely on for temporary workers — a critical blow by allowing the state to begin enforcing a law that could force builders to find their own temporary labor.

Nevada Independent

Experts note that cuts to services for people with disabilities are often the first to take place, but they’re vital for ensuring independence.

KSNV-TV: News 3

The gaming industry in Las Vegas, a major economic driver generating billions in revenue, is facing challenges as tourism numbers decline.

Nevada Independent

The “One Big Beautiful Bill” signed by President Donald Trump earlier this month is likely to upend the food assistance program that serves 1 in 6 Nevadans, with expanded work requirements threatening thousands of recipients’ eligibility and the state expected to shoulder more of the program’s administrative costs.

KTNV-TV: ABC 13

A newly released report is showing inflation is on the rise, making prices higher across the board. The U.S. Bureau of Labor Statistics Consumer Price Index report for June 2025 shows inflation is at 2.7%. That's how much more all items cost this year compared to last year.